Potential Short: ADA/USDT

ADA has hit resistance and has seen increasing price on decreasing volume. The chart could turn out to be a huge bottoming pattern, but short term I want to see a retrace.

Totally possible that I'm wrong and this is just the beginning of a mega rally for alts. In which case, feel free to counter-trade this idea XD

happy trades,
CD

Kommentera:

Well, this hit target 1 but did not retrace further before Do Kwon pumped BTC which was a rumor I foolishly ignored... Hope you took profits at target 1 and closed once it broke back above that 1.16 level.

Perhaps counter-trading me was the giga-brain strategy all along o_0

Kommentera:

back to Target 1... Perhaps a second chance for this setup to play out further...

Kommentera:

back to Target 1 again... this is why I never post short setups... lol.